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 Money & Banking - Private Banks


South Indian Bank posts 22% growth

Our Bureau

Kochi , April 2

THE Thrissur, Kerala-based South Indian Bank today said its turnover in 2003-04 grew by 22.5 per cent to Rs 12,929 crore, up from Rs 10,557 crore in the previous fiscal.

Deposits of the bank in the year increased by 21 per cent to Rs 8,305 crore from Rs 6,868 crore a year ago. The gross advances grew by 25 per cent to Rs 4,624 crore from Rs 3,689 crore, a statement from the bank said here.

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